Finance, B.B.A.

Note

For students who entered LMU prior to Fall 2022, FNCE 3400 may be used in lieu of BCOR 3410 Fundamentals of Finance. 

Objectives

The Bachelor of Business Administration degree–Finance (FNCE) major provides students with the necessary skills to succeed in their first finance job upon graduation from LMU. Students will develop applied financial modeling skills based in theory, contracts, and the current tools essential to corporate finance, banking, and investments. 

General CBA Undergraduate learning outcomes:

All CBA Undergraduate Majors have the following common learning goals and learning outcomes:

Learning Goal 1: Students will demonstrate the ability to be ethical leaders, who reflect the tenets of corporate social responsibility as it applies to economic, social and environmental performance in the global community.

LG1-A. Students will be able to explain the interaction and importance of social, economic and environmental forces within and upon business and society.
LG1-B. Students will be able to identify and resolve ethical dilemmas in business situations.
LG1-C. Students will be able to identify and analyze opportunities and challenges faced by organizations in a global marketplace.

Learning Goal 2: Students will use creative and critical thinking skills to adapt to change and solve problems in transdisciplinary ways.

LG2-A. Students will be able to identify problems and apply creative problem-solving skills to address them.
LG2-B. Students will demonstrate critical thinking skills by defining, modeling, analyzing and evaluating complex business problems.
LG2-C. Students will be able to integrate core concepts from different disciplines and apply them to a business situation.

Learning Goal 3: Students will acquire and develop technical, communication and interpersonal skills.

LG3-A. Students will communicate effectively on business topics in written and oral form.
LG3-B. Students will demonstrate effective interpersonal skills in teamwork settings.
LG3-C. Students will describe principles of leadership skills, effective teams and self-discipline.
LG3-D. Students will be able to apply information technology to solve business problems.
LG3-E.  Students will be able to frame a business problem and collect, organize and analyze qualitative and quantitative data to report and communicate insights for decision-making.

Learning Goal 4: Students will demonstrate knowledge of fundamental business concepts.

LG4-A. Students will be able to create, read and use financial reports for decision-making.
LG4-B. Students will describe corporate structures and legal responsibilities for different business frameworks.
LG4-C. Students will be able to analyze and evaluate companies within their industries based on their unique value proposition/competitive advantages.
LG4-D. Students will be able to analyze business processes to better serve stakeholders.

Finance specific learning outcomes

1. Apply the principles and techniques of time value of money to value an investment
2. Explain the impact of a firm’s capital structure on its risk and firm value
3. Construct rigorous financial models for decision making
4. Translate contracts, laws, annual reports, and other legal documents into financial models
5. Make sound investment decisions
6. Calculate and interpret investment performance measurements.

Major Requirements

Course List

Code	Title	Semester Hours
Lower Division Requirements
BCOR 1910	Business for Good	2
BCOR 2110	Financial Accounting	4
BCOR 2120	Accounting Information for Decision Making	4
BCOR 2210	Legal Environment of Business	2
BCOR 2710	Business Information Technology	4
or BCOR 2720	Business Information Technology in Accounting
ECON 1050	Introductory Economics	4
ECON 2300	Introductory Statistics	4
MATH 112	Calculus for Business	3
Subtotal		27
Upper Division Requirements
BCOR 3410	Fundamentals of Finance	4
BCOR 3510	Marketing and Business Communications	4
BCOR 3610	Managing People and Organizations	4
BCOR 4910	Business Ethics and Sustainability	4
One course from the “Quantitative Methods for Business” course-list 1		4
One course from the “International/Global Awareness” course-list 2		4
One course from the “Strategic Business Integrations” course-list 3		4
Subtotal		28
Total Semester Hours		55

¹

e.g., BCOR 3750 Analytics in Operations and Supply Chain Management

²

e.g., BCOR 3860 International Business

³

e.g., BCOR 4970 Strategic Management

Notes:

Students are required to enroll in FNCE 1401 Planning for a Career in Finance by the fall of the sophomore year if possible. Transfer students should enroll in FNCE 1401 Planning for a Career in Finance as soon as possible. A student must earn credit for FNCE 1401 Planning for a Career in Finance in order to graduate. FNCE 1401 Planning for a Career in Finance is a zero-semester-hour, zero-cost course.

A cumulative GPA of C (2.0) must be achieved in the major requirements (all business, economics, and math courses).

For purposes of meeting the requirements for the B.B.A., Finance major, a minimum grade of a C (2.0) must be earned in each of BCOR 3410 Fundamentals of Finance, FNCE 3415 Valuation and Financial Statement Analysis, and FNCE 3420 Investments. If a student is unable to attain a grade of C (2.0) in each of BCOR 3410 Fundamentals of Finance, FNCE 3415 Valuation and Financial Statement Analysis, and FNCE 3420 Investments after two attempts, that student will not be allowed to continue in the Finance major.

Core, Major, and Elective Finance Courses

Course List

Code	Title	Semester Hours
FNCE 1401	Planning for a Career in Finance	0
FNCE 3415	Valuation and Financial Statement Analysis	4
ACCT 3110	Intermediate Accounting I	4
FNCE 3420	Investments	4
FNCE 3440	Mergers and Acquisitions	4
FNCE 3456	Entertainment Finance	4
FNCE 3488	Commercial Banking	4
FNCE 3497	Internship	1
FNCE 4420	Real Estate Finance, Investment, and Entrepreneurship	4
FNCE 4425	Real Estate Development	4
FNCE 4430	Capital Markets	4
FNCE 4440	Financial Modeling and Analytics	4
FNCE 4480	International Finance	4
FNCE 4491	Student Investment Fund: Security Analysis	4
FNCE 4492	Student Investment Fund: Portfolio Management	4
FNCE 4493	Student Investment Fund: Investment Research Lab	2
FNCE 4498	Special Studies	1-4
FNCE 4499	Independent Studies	1-4

Note

Students with a major in Finance are required to complete at least five courses (20 units or more) in the FNCE area, including the two required classes, FNCE 3415 Valuation and Financial Statement Analysis, and FNCE 3420 Investments. Three additional courses carrying a minimum of four semester hours each must be chosen from the list above. All upper-division finance courses must be taken in residence at LMU. However, up to two courses approved in advance for LMU-supported study abroad programs may count toward the major.

Finance majors with a double major in Accounting or a minor in Accounting are not allowed to count ACCT 3110 towards the requirement of three additional Finance electives.

To fulfill their open electives, students are encouraged to take additional finance courses; additional accounting courses; additional economics courses, such as ECON 3300 Econometrics; computer programming courses or additional mathematics courses.

Student Investment Fund (SIF):

Students enrolled in the SIF are permitted to take FNCE 4491 Student Investment Fund: Security Analysis, FNCE 4492 Student Investment Fund: Portfolio Management, and FNCE 4493 Student Investment Fund: Investment Research Lab (required for the SIF specialty). FNCE 4491 Student Investment Fund: Security Analysis and FNCE 4492 Student Investment Fund: Portfolio Management may be taken in lieu of FNCE 3420 Investments and fulfill one upper division FNCE elective. Students who take FNCE 4491 Student Investment Fund: Security Analysis, FNCE 4492 Student Investment Fund: Portfolio Management, and FNCE 3420 Investments will only fulfill one upper division FNCE elective and therefore will need a total of six credit-bearing FNCE courses not including FNCE 4493 Student Investment Fund: Investment Research Lab.

Model 4-Year Plan–Bachelor of Business Administration–Finance Major Curriculum–Math placement MATH 101

Plan of Study Grid

First Year
Fall		Semester Hours
BCOR 1910	Business for Good 1	2
Select one of the following:		4
ECON 1050	Introductory Economics 2
University Core
MATH 101	Algebra	3
FFYS 1000 or RHET 1000	First Year Seminar or Rhetorical Arts	4
University Core		4
FNCE 1401	Planning for a Career in Finance	0
	Semester Hours	17
Spring
RHET 1000 or FFYS 1000	Rhetorical Arts or First Year Seminar	4
MATH 110	Precalculus for Business	3
Select one of the following:		4
ECON 1050	Introductory Economics 2
University Core
University Core		4
	Semester Hours	15
Sophomore Year
Fall
MATH 112	Calculus for Business	3
BCOR 2110	Financial Accounting	4
BCOR 2210	Legal Environment of Business	2
University Core		4
University Core		4
	Semester Hours	17
Spring
ECON 2300	Introductory Statistics	4
BCOR 2120	Accounting Information for Decision Making	4
University Core		4
BCOR 2710	Business Information Technology	4
	Semester Hours	16
Junior Year
Fall
BCOR 3410	Fundamentals of Finance	4
BCOR 3510	Marketing and Business Communications	4
BCOR 3610	Managing People and Organizations	4
Electives		4
	Semester Hours	16
Spring
FNCE 3415	Valuation and Financial Statement Analysis	4
FNCE 3420	Investments	4
BCOR 3860	International Business	4
Electives		4
	Semester Hours	16
Senior Year
Fall
FNCE Elective		4
BCOR 3750	Analytics in Operations and Supply Chain Management	4
BCOR 4910	Business Ethics and Sustainability	4
University Core		4
	Semester Hours	16
Spring
FNCE Elective		4
FNCE elective		4
BCOR 4970	Strategic Management	4
Elective		3
	Semester Hours	15
	Minimum Semester Hours	128

¹

Roughly half of students will take BCOR 1910 in the fall. The other half will take it in the spring of their first year.

²

Roughly half of students will take ECON 1050 in the fall of their first semester and half will take it in the spring of their first semester.

Model 4-Year Plan–Bachelor of Business Administration–Finance Major Curriculum–Math placement MATH 110

Plan of Study Grid

First Year
Fall		Semester Hours
BCOR 1910	Business for Good 1	2
Select one of the following:		4
ECON 1050	Introductory Economics 2
University Core
FFYS 1000 or RHET 1000	First Year Seminar or Rhetorical Arts	4
MATH 110	Precalculus for Business	3
University Core		4
FNCE 1401	Planning for a Career in Finance	0
	Semester Hours	17
Spring
RHET 1000 or FFYS 1000	Rhetorical Arts or First Year Seminar	4
MATH 112	Calculus for Business	3
BCOR 2110	Financial Accounting	4
Select one of the following:		4
ECON 1050	Introductory Economics 2
University Core
	Semester Hours	15
Sophomore Year
Fall
BCOR 2210	Legal Environment of Business	2
ECON 2300	Introductory Statistics	4
BCOR 2120	Accounting Information for Decision Making	4
Electives		3
University Core		4
	Semester Hours	17
Spring
BCOR 3410	Fundamentals of Finance	4
BCOR 2710	Business Information Technology	4
BCOR 3510	Marketing and Business Communications	4
University Core		4
	Semester Hours	16
Junior Year
Fall
FNCE 3415	Valuation and Financial Statement Analysis	4
FNCE 3420	Investments	4
BCOR 3610	Managing People and Organizations	4
University Core		4
	Semester Hours	16
Spring
BCOR 3750	Analytics in Operations and Supply Chain Management	4
BCOR 3860	International Business	4
FNCE Elective		4
University Core		4
	Semester Hours	16
Senior Year
Fall
FNCE elective		4
BCOR 4910	Business Ethics and Sustainability	4
University Core		4
Electives		4
	Semester Hours	16
Spring
FNCE Elective		4
BCOR 4970	Strategic Management	4
Electives		4
Electives		3
	Semester Hours	15
	Minimum Semester Hours	128

¹

Roughly half of students will take BCOR 1910 in the fall. The other half will take it in the spring of their first year.

²

Roughly half of students will take ECON 1050 in the fall of their first semester and half will take it in the spring of their first semester.

Model 4-Year Plan–Bachelor of Business Administration–Finance Major Curriculum–Math placement MATH 112

Plan of Study Grid

First Year
Fall		Semester Hours
BCOR 1910	Business for Good 1	2
Select one of the following:		4
ECON 1050	Introductory Economics 2
University Core
FFYS 1000 or RHET 1000	First Year Seminar or Rhetorical Arts	4
University Core		4
MATH 112	Calculus for Business	3
FNCE 1401	Planning for a Career in Finance	0
	Semester Hours	17
Spring
RHET 1000 or FFYS 1000	Rhetorical Arts or First Year Seminar	4
BCOR 2110	Financial Accounting	4
ECON 2300	Introductory Statistics	4
Select one of the following:		4
ECON 1050	Introductory Economics 2
University Core
	Semester Hours	16
Sophomore Year
Fall
BCOR 3410	Fundamentals of Finance	4
BCOR 2120	Accounting Information for Decision Making	4
BCOR 2210	Legal Environment of Business	2
University Core		4
Electives		3
	Semester Hours	17
Spring
FNCE 3415	Valuation and Financial Statement Analysis	4
BCOR 3510	Marketing and Business Communications	4
BCOR 2710	Business Information Technology	4
University Core		4
	Semester Hours	16
Junior Year
Fall
FNCE 3420	Investments	4
BCOR 3610	Managing People and Organizations	4
BCOR 3750	Analytics in Operations and Supply Chain Management	4
University Core		4
	Semester Hours	16
Spring
FNCE Elective		4
BCOR 3860	International Business	4
University Core		4
Electives		4
	Semester Hours	16
Senior Year
Fall
FNCE elective		4
BCOR 4910	Business Ethics and Sustainability	4
University Core		4
Electives		4
	Semester Hours	16
Spring
FNCE Elective		4
BCOR 4970	Strategic Management	4
Electives		3
Electives		3
	Semester Hours	14
	Minimum Semester Hours	128

¹

Roughly half of students will take BCOR 1910 in the fall. The other half will take it in the spring of their first year.

²

Roughly half of students will take ECON 1050 in the fall of their first semester and half will take it in the spring of their first semester.